Leasehold Reform Act 1967 (c. 88)

SCHEDULES

[F1 SCHEDULE 4A E+W Exclusion of Certain Shared Ownership Leases

Textual Amendments

F1 Schedule 4A inserted by Housing and Planning Act 1986 (c. 63, SIF 75:1), s. 18, Sch. 4 para. 6

Certain leases granted by housing associations E+W

4 (1) A lease for the elderly granted by a [F2 registered housing association] and which complies with the conditions set out in sub-paragraph (2) is excluded from the operation of this Part of this Act at any time when the interest of the landlord belongs to [F3 a registered social landlord]. E+W

(2) The conditions are that the lease—

(a) is granted at a premium which is calculated by reference to a percentage of the value of the house or of the cost of providing it,

(b) complies, at the time when it is granted, with such requirements as may be prescribed, and

(c) states the landlord’s opinion that by virtue of this paragraph the lease will be excluded from the operation of this Part of this Act at any time when the interest of the landlord belongs to a [F4 registered social landlord].

(3) In this paragraph—

“lease for the elderly” has such meaning as may be prescribed; and

[F5 “registered social landlord” has the same meaning as in the Housing Act 1985 (see section 5(4) and (5) of that Act)].]

Textual Amendments

F2 Words in Sch. 4A para. 4(1) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(2)(a)

F3 Words in Sch. 4A para. 4(1) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(2)(b)

F4 Words in Sch. 4A para. 4(2)(c) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(3)

F5 Definition in Sch. 4A para. 4(3) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(4)